The Law on Real Estate Business 2006

The Law on Real Estate Business 2006 provides for real estate business activities; rights and obligations of organizations and individuals conducting real estate business activities and real estate transactions related to real estate business. [...]

BELIEF ESTABLISHMENT MUST BE REGISTERED AT LEAST 30 DAYS BEFORE STARTING BELIEF ACTIVITIES

Takes effect on January 01, 2018, the Law on belief and religion No. 02/2016/QH14 passed by the National Assembly on November 18, 2016, emphasizes that the State shall respect and protect the right to freedom of belief and religion of everyone; shall guarantee that all religions are equal before...

15 kinds of permissible antibiotics in livestock feeds

The List of permissible antibiotics as growth stimulants in livestock and poultry feeds in Vietnam and contents thereof was issued according to Ministry of Agriculture and Rural development’s Circular No. 06/2016/TT-BNNPTNT dated May 31, 2016 and takes effect on July 15, 2016. According to this List, there are 15 kinds...

Fees for issuance of the license for establishment of a bank is VND 140 million/license

This is the important content prescribed at the Circular No. 150/2016/TT-BTC dated October 14, 2016, providing for fees for issuance of license for establishment and operation of credit institutions; license for establishment of foreign banks’ branches, representative offices of foreign credit institutions or other foreign organizations having banking activities;...
deductible expenses

Tax paid on invividual’s behalf is in deductible expenses

On June 22, 2015, the Ministry of Finance issued the Circular No. 96/2015/TT-BTC guiding the Enterprise Income Tax in the Decree No. 12/2015/ND-CP dated February 12, 2015 of the Government detailing the implementation of the Law Amending and Supplementing a Number of Articles of the Tax Laws and amending...
Import duty exemption for 5 years for assemble medical equipment

Import duty exemption for 5 years for assemble medical equipment

On December 8, 2014, the Ministry of Industry and Trade issued the Circular No. 10/2015/TT-BTC Detailing the implementation of the Prime Minister’s Decision No. 54/2014/QD-TTg of September 19, 2014, on import duty exemption for components imported to produce or assemble medical equipment prioritized for research and manufacture. Domestically unavailable components...

EMPLOYEE POLICIES IN THE CONTEXT OF TRANSFORMATION OF PUBLIC SERVICE ESTABLISHMENTS

On October 25, 2016, the Ministry of Labor, War Invalids and Social Affairs issued the Circular No. 35/2016/TT-BLDTBXH providing guidance on implementation of employee policies in the context of transformation of public service establishments into Joint-Stock Companies under the Prime Minister’s Decision No. 22/2015/QD-TTg dated June 22, 2015. Employees that...
investors in ppp projects

Incentives of 5% in selection of investors in ppp projects

On March 17, 2015, the Government issued the Decree No. 30/2015/ND-CP dated March 17, 2015 of the Government guiding the implementation of a number of Articles on investor selection of the Law on Bidding, within that, the important contents mention on incentives in selection of investors in PPP...
The electricity retail tariff is from 0-50 kWh is 92% of the average price

The electricity retail tariff is from 0-50 kWh is 92% of the average price

On April 07, 2014, the Prime Minister signed the Decision No. 28/2014/QD-TTg on structure of electricity retail tariff. In particular, this Decision regulates that the electricity retail price for domestic purposes include 6 levels, from 0 – 50 kWh is 92%; from 51 – 100 kWh is 95% [...]

Social insurance inspectors must have at least 1 year of experience

This  is  an  important  content  specified  at  Decree  No.21/2016/ND-CP dated March 31, 2016 of the Government on specialized inspection by social insurance agencies of contribution to social insurance, unemployment insurance and health insurance. To conduct specialized inspection of contribution to social insurance, unemployment insurance and health insurance, inspector must have...